When was 127 Park Ave, Madison Boro, NJ last sold?

The most recent recorded sale was in 2021 for $1,318,000.

What is the assessed value of 127 Park Ave, Madison Boro, NJ?

The total municipal assessment is $734,600 (land plus improvements).

What is 127 Park Ave, Madison Boro, NJ worth?

Our model estimates a market value of $1,998,917, derived from comparable recorded sales nearby.

How many units does 127 Park Ave, Madison Boro, NJ have?

Records show 3 dwelling units at 127 Park Ave, Madison Boro, NJ.

What kind of property is 127 Park Ave, Madison Boro, NJ?

MOD-IV classifies it as Commercial (class 4A). Year built: 1935.

parceldata.nj

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127 Park Ave, Madison Boro, NJ — owner, sales, deeds · parceldata

127 Park Ave

Madison Boro, NJ·Morris County

1417·block 404·lot 9

$1,998,917estimated value

Units

from MOD-IV (2-char max)

Last sale

$1,318,000

9/28/2021 · taxrecords_nj

1 other property share this owner's mailing address.View portfolio →

Property

Type

Commercial

Tax class

Commercial

Year built

1935

Building size

3,826 sq ft

Lot size

0.39 ac

Land description

112X153

Building description

2SS G COM

Dwelling / commercial units

3 dw / 0 comm

Tax & Assessment

Net assessed value

$734,600

Land value

$508,500

Improvement value

$226,100

Last year's tax

$15,647

Last MOD-IV sale

$1,318,000

MOD-IV deed date

8/3/2021

Owner mailing address

41 GARFIELD AVE
MADISON, NJ 07940

Estimated market value

$1,998,917

range $1,759,514 – $2,238,321

high confidence

Assessment-implied: $1,219,861; Director's Ratio 0.6022 (2025)
Comparable sales: 1 (below threshold)

Estimated value, last 11 years

2016: $1,068,124 → 2026: $1,998,917

dots are actual sale prices for this property

Bordering

200-ft notice list →

8 North St
Lot 10·$415,400
129 Park Ave
Lot 8·$357,100

Block 404All of Block 404 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 1,
  "portfolioKeys": {
    "fullKeys": [
      "41 GARFIELD AVE MADISON NJ 07940"
    ],
    "zipKeys": [
      "41 GARFIELD AVE 07940"
    ]
  },
  "effective_unit_count": 3,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1417_404_9",
  "county_code": "14",
  "district_code": "17",
  "block": "404",
  "lot": "9",
  "qualifier": "",
  "property_location": "127 PARK AVE",
  "property_class": "4A",
  "bldg_class": "45",
  "bldg_desc": "2SS G COM",
  "land_desc": "112X153",
  "year_built": 1935,
  "living_sqft": 3826,
  "dwelling_units": 3,
  "comm_dwell": null,
  "land_value_cents": "50850000",
  "improvement_value_cents": "22610000",
  "net_value_cents": "73460000",
  "last_yr_tx_cents": "1564698",
  "deed_date": "2021-08-03",
  "deed_book": "24223",
  "deed_page": "508",
  "sale_price_cents": "131800000",
  "sales_code": null,
  "owner_mailing_street": "41 GARFIELD AVE",
  "owner_mailing_city_state_zip": "MADISON, NJ  07940",
  "mun_name": "MADISON BORO",
  "calc_acre": "0.393400",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "739",
  "fac_name": null,
  "centroid_lon": -74.42162476893138,
  "centroid_lat": 40.768384093713145
}

SR1A

[
  {
    "id": "ac3b88d5-484d-4462-a867-3a7c60feb317",
    "property_id": "dfb99612-b27d-4b64-b9a5-cf07cc7791c0",
    "county_code": "14",
    "district_code": "17",
    "block": "404",
    "lot": "9",
    "qualifier": "",
    "deed_book": "24223",
    "deed_page": "508",
    "deed_date": "2021-08-03",
    "date_recorded": "2021-09-28",
    "sale_price_cents": "131800000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "d5c6bc78-9055-4da2-b402-abcd52eced80",
    "property_id": null,
    "county_code": "14",
    "district_code": "17",
    "block": "404",
    "lot": "9",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2021-08-03",
    "date_recorded": "2021-09-28",
    "sale_price_cents": "131800000",
    "sr1a_year": 2022,
    "source": "sr1a"
  },
  {
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    "deed_book": "24223",
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    "deed_date": "2021-08-03",
    "date_recorded": "2021-08-03",
    "sale_price_cents": "131800000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "lot": "9",
    "qualifier": "",
    "deed_book": "21228",
    "deed_page": "455",
    "deed_date": "2009-02-23",
    "date_recorded": "2009-02-23",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "afe24553-950f-43f8-8879-9966a5b0a34c",
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    "block": "404",
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    "deed_book": "21171",
    "deed_page": "1",
    "deed_date": "2008-10-03",
    "date_recorded": "2008-10-15",
    "sale_price_cents": "120000000",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
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    "deed_book": "21171",
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    "date_recorded": "2008-10-03",
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  {
    "id": "e78eb299-daa0-4025-8d5c-4e479a3d4db3",
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    "qualifier": "",
    "deed_book": "21017",
    "deed_page": "1869",
    "deed_date": "2008-02-01",
    "date_recorded": "2008-02-19",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "7c316e84-2a71-4549-b8f0-e39e394011c3",
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    "county_code": "14",
    "district_code": "17",
    "block": "404",
    "lot": "9",
    "qualifier": "",
    "deed_book": "4746",
    "deed_page": "119",
    "deed_date": "1998-04-10",
    "date_recorded": "1998-04-15",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "1fdb6b08-1305-4e85-b88d-4ead3a5c6d54",
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    "county_code": "14",
    "district_code": "17",
    "block": "404",
    "lot": "9",
    "qualifier": "",
    "deed_book": "3919",
    "deed_page": "267",
    "deed_date": "1993-10-09",
    "date_recorded": "1994-02-08",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxrecords_nj"
  },
  {
    "id": "13f81e29-80da-4cd8-9631-257204a78368",
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    "sale_price_cents": "100",
    "sr1a_year": null,
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  },
  {
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    "date_recorded": "1993-10-19",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 127 Park Ave, Madison Boro, NJ last sold?: The most recent recorded sale was in 2021 for $1,318,000.
What is the assessed value of 127 Park Ave, Madison Boro, NJ?: The total municipal assessment is $734,600 (land plus improvements).
What is 127 Park Ave, Madison Boro, NJ worth?: Our model estimates a market value of $1,998,917, derived from comparable recorded sales nearby.
How many units does 127 Park Ave, Madison Boro, NJ have?: Records show 3 dwelling units at 127 Park Ave, Madison Boro, NJ.
What kind of property is 127 Park Ave, Madison Boro, NJ?: MOD-IV classifies it as Commercial (class 4A). Year built: 1935.

Address	Sold	Price
75 Main St	2/6/2024	$1,100,000

Sales history

9/28/2021$1,318,000
taxrecords_njBk 24223 / Pg 508
9/28/2021$1,318,000
SR1A 2022
8/3/2021$1,318,000
MOD-IV (Rutgers)Bk 24223 / Pg 508
2/23/2009$1
taxrecords_njBk 21228 / Pg 455
10/15/2008$1,200,000
taxrecords_njBk 21171 / Pg 1
10/3/2008$1,200,000
MOD-IV (Rutgers)Bk 21171 / Pg 1
2/19/2008$1
taxrecords_njBk 21017 / Pg 1869
4/15/1998$1
taxrecords_njBk 4746 / Pg 119
2/8/1994$1
taxrecords_njBk 3919 / Pg 267
2/8/1994$1
taxrecords_njBk 3919 / Pg 276
10/19/1993$1
MOD-IV (Rutgers)Bk 3919 / Pg 276

Date	Price	Book / Page	Source
9/28/2021	$1,318,000	24223 / 508	taxrecords_nj
9/28/2021	$1,318,000	—	SR1A 2022
8/3/2021	$1,318,000	24223 / 508	MOD-IV (Rutgers)
2/23/2009	$1	21228 / 455	taxrecords_nj
10/15/2008	$1,200,000	21171 / 1	taxrecords_nj
10/3/2008	$1,200,000	21171 / 1	MOD-IV (Rutgers)
2/19/2008	$1	21017 / 1869	taxrecords_nj
4/15/1998	$1	4746 / 119	taxrecords_nj
2/8/1994	$1	3919 / 267	taxrecords_nj